SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Stock Short Interest Drops 91.7%

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 192 shares, a decrease of 91.7% from the September 15th total of 2,323 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,739 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On SEI Enhanced Low Volatility U.S. Large Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SELV. K2 Financial Inc. raised its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.7% during the 1st quarter. K2 Financial Inc. now owns 22,521 shares of the company’s stock worth $733,000 after purchasing an additional 377 shares during the last quarter. Cetera Investment Advisers boosted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 8.9% in the 1st quarter. Cetera Investment Advisers now owns 8,186 shares of the company’s stock worth $265,000 after buying an additional 667 shares during the last quarter. Sei Investments Co. boosted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 0.5% in the 1st quarter. Sei Investments Co. now owns 2,721,070 shares of the company’s stock worth $87,994,000 after buying an additional 12,864 shares during the last quarter. Royal Bank of Canada increased its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 8,041.4% during the 1st quarter. Royal Bank of Canada now owns 14,166 shares of the company’s stock worth $458,000 after buying an additional 13,992 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF during the 1st quarter worth approximately $1,197,000.

SEI Enhanced Low Volatility U.S. Large Cap ETF Price Performance

Shares of BATS:SELV opened at $34.72 on Friday. The business’s 50 day moving average price is $34.72 and its 200-day moving average price is $33.47. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1 year low of $30.92 and a 1 year high of $35.62. The firm has a market capitalization of $178.81 million, a price-to-earnings ratio of 19.12 and a beta of 0.68.

About SEI Enhanced Low Volatility U.S. Large Cap ETF

The SEI Large Cap Low Volatility Factor ETF (SELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, seeking to achieve low volatility. Selection is based on a factor scoring model, a risk model and an optimization process. SELV was launched on May 18, 2022 and is managed by SEI.